STATE OF  YAP
 OFFICE OF THE GOVERNOR
 Federated States of Micronesia
 96943

 P.O. Box 39 Colonia, Yap                          Telex: 7296856 GovYap
Tel: (691) 350-2108/2109                                   Fax: (691) 350-4113
EXECUTIVE ORDER NO. 4 -91

SUBJECT: FINANCIAL MANAGEMENT REGULATIONS


     WHEREAS, the Financial Management Act of 1983, authorizes the Director of Administrative Services to issue and promulgate regulations necessary to implement provisions of the Financial management Act; and

     WHEREAS, such regulations, upon approval by the Governor, shall have the force and effect of law; and

     WHEREAS, the Director of Administrative Services finds that the
1 proposed financial management regulations are necessary to carry out the
mandates of the Financial Management Act;

     NOW THEREFORE, pursuant to authority vested in the Governor and consistent with the Financial Management Act and the Administrative Procedure Act, I hereby approve the proposed financial management regulations for Yap State.

     So approved on this 18th day of April, 1991.


/s/____________
Petrus T
Governor, State of Yap












Received and Filed on  4/19/ 9l. ,1991



                                   /s/
                              Chief Clerk
                              Yap State Legislature



Received and Filed on  4/19/  1991.


/s/
Attorney General

                                                                                                                                                                                                                                                                                                           
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